Is it a gold time to buy gold now?

It was, it is, it will be

sorry, to be honest: it is not possible to do market timing, which means every day is a good day for buying gold or passive indexing ETFs. We don't know, whether gold is now relatively expensive or relatively cheap, because nobody knows where the gold price is at 1 year and at 10 years from now.

The first question should be: is gold generally a good investment?

There are critics to buying gold in the first place: no dividends, fees for storing or safety. Or should one buy gold ETFs? Then it is not physical (but backed up physically if not confiscated), but somehow virtual-electronic, particularly if you see gold as crisis currency, with an ETF You don't have it at hand. Ticker IAU would cost you (possibly acceptable) 0.25% fees per year, brokerage fees not included.

My private view: physical gold with a total of 5-10% of your total portfolio allocation can be a good thing. I see it as a 'crisis currency' plus method for some stability similar to bonds, which I dislike. Maybe I'm wrong.

I'll add 2 charts: performance comparison of ETFs for SP500, U.S. bonds (BND) and gold (IAU) over 10 years and since 19/02/2020 (the max before the current Corona market 'crash':

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One should not time the market when it comes to investing. While, the stock market keep going down recently, we will not know how long more will the stock market will continue to drop. Who knows, a vacinne could be available next week, and everything starts shooting up again.

Besides having a long term investment strategy, you will also need to know what specific investment strategy are you using. Is it growth investing, value investing or dividend investing. For example, if you are focusing on value investing, you will need to find the intrinsic value of the stock before investing in them. While stocks may look cheap now, but they might not be really cheap once you properly analysis them.

Therefore, I would not say whether it is smart or not to buy stocks now, but rather, based on your analysis, are the stocks of the value you are willing to pay for them. Do also note that a cheap stock may become cheaper for any reason.